JPMorgan’s Analysis of Bitcoin’s Price Drop

JPMorgan issued a statement on January 25, indicating that Bitcoin’s price pressure may ease soon. Analysts attribute this positive shift to investors’ reduced exodus from Grayscale’s Bitcoin ETF. Initially a fund, Grayscale’s ETF gained SEC approval to become an exchange-traded fund (ETF) on January 10. However, it experienced significant investor withdrawals, totaling over $4 billion […]

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